Question

2
If an article with cost price of Rs 3000 is sold at Rs
1800, find the percentage of loss...
(A)60
(C)30
(B) 40
(D) 20​

Answer 1

Answer:

Given,C.P = Rs 3000

S.P = Rs 1800

Now,

Loss= C.P - S.P

= Rs 3000-1800

= Rs 1200

ATQ,Loss% = LOSS × 100/C.P

= Rs 1200× 100/3000

= 40% ✓✓

Answer 2

Therefore, loss percentage = 40%

The correct answer is option (B) 40%

Given:

Cost price of An Article = 3000 Rs

Selling price of the article = 1800 Rs

To find:

The percentage of loss...

Solution:

Given Cost price = 3000 Rs

And selling price = 1800 Rs

Here, Selling Price < Cost price

Loss on selling Article = 3000 - 1800 = 1200 Rs

As we know the formula for Loss percentage is given by

             Loss% = (loss/C.P) × 100

Loss percentage = (1200/3000) ×100 = 40%

Therefore, loss percentage = 40%

The correct answer is option (B) 40%

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